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    106-116 Us-29 China Grove, NC 28023

    Sponsored
    For Lease
    $9 SF/Yr

    44,000 SF Center, I-85 proximity, flexible terms.

    Lot size:
    43,740 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Centerview Plaza, located in China Grove, North Carolina, offers a prime commercial real estate opportunity. This approximately 44,000 square foot neighborhood center is strategically situated on US-29 South, just one mile from Interstate 85, providing convenient access to the Charlotte metropolitan area. The property boasts a strong tenant mix, including national brands such as Workout Anytime, Papa John's, and H&R Block. Currently, there is 30,280 square feet of vacant space available, divisible into units as small as 10,000 square feet, with a maximum contiguous space of 30,280 square feet. The building is classified as Class C and is suitable for a variety of uses, including traditional office, medical office, retail storefronts, and restaurants. Leases offer flexible terms, making it an attractive option for both established businesses and new ventures. The property's location in Rowan County, with its address at 106-116 US-29, China Grove, NC 28023, ensures high visibility and accessibility. This versatile space presents a unique opportunity to establish or expand your business within a thriving community. The property is part of a portfolio managed by a family-owned company with extensive experience in commercial real estate.

    Property Features for 106-116 Us-29

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    43,740 SF
    Class
    C
    Total Rate
    35538.75

    Unit(s) available at that property

    Space
    Suite 106
    Size
    30,280 SF
    Rate per SF
    $9

    HighLights

    • 68,141‑person trade area population.
    • 43,740 square foot neighborhood center.
    • Rowan County, NC location.
    • Ample parking.
    • High visibility and accessibility from US‑29 and proximity to I‑85.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    China Grove
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.5783831273
    Latitude
    35.564881851581

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    Nearby Similar for Lease

    • $4 SF/Yr
      46,000 SF

      Warehouse with Flexible Office Space

      46,000 SF warehouse with customizable office and secure yard.
      110 N Upright St, China Grove, NC 28023
      View Details
    • $22 SF/Yr
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      Shell Space with Drive-Through

      Shell office/retail space with drive-through window available for lease.
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      View Details

    FAQs

    What type of property is this?
    Restaurant - 44,000 SF Center, I-85 proximity, flexible terms.
    Where is this restaurant located?
    The property is located at 106-116 Us-29 China Grove, NC.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 68,141-person trade area population.; 43,740 square foot neighborhood center.; Rowan County, NC location.
    Request Owner's contact information
    106-116 Us-29 China Grove, NC 28023
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    China Grove, NC 28023
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    106-116 Us-29 China Grove, NC 28023
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